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Kuwiat Investment Authority (KIA)

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Kuwait's KIA to auction stake in Boubyan

UPDATE 1: Sovereign wealth fund looking to offload 20% stake via public auction in July. 

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Kuwait's Global hikes capital amid financial crisis

Generating fee income, rather than conducting fire sales, is major aim as firm restructures.

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Kuwait's Zain buys majority stake in Paltel

UPDATE 3: Share swap deal sees 1.5m subscribers added to customer base.

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Kuwait's KIA eyes real estate, stocks abroad

Gulf state's sovereign wealth fund wants to focus on investments with good cash flows.

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Kuwait eyes Gulf, North Africa investments

Sovereign wealth fund aims to snap up bargains amid the global financial crisis.

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Kuwait's KIA to boost investments on local bourse

KIA seeks to support local stock market which has fallen 20% since June 25.

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Kuwait to triple Japan investment to $48bn

Boost in investments would follow agreement to avoid double taxation between two countries.

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Kuwait eyes foreign farms for food

Gulf state considers investing in farmland abroad to secure food supplies as grapples with inflation.

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Kuwait budget surplus tumbles on gov't spending

Gulf state posts 2007/08 surplus of $35.17bn, almost 19% lower than forecast.

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Kuwait eyes India, China investment

Gulf state turning its attentions to Asia, looking to open investment offices, finance minister says.

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KIA defends Citi, Merrill investments

Kuwait wealth fund under fire from local media and parliament for investing $5bn in banks.

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Syria proposes KIA venture

Syrian president Bashar Al-Assad intends to enter joint venture with $213bn Kuwait Investment Authority.

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Gulf wealth funds dominate domestic markets

SWFs control 27% of market capitalisation in GCC, valued at $300bn, Markaz says.

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Kuwait buys $800mn in Visa

State investment authority nabs 4% stake in credit card giant after initial public offering, paper reports.

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Wealth fund invetments in West to grow

Questions over motives of state-backed funds will abate, according to Dubai Group chief exec.

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Kuwait fund hungry for European, US investments

Kuwait Investment Authority looks to deploy cash in financial and real estate sectors.

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Gulf investors bargain hunting in troubled US economy

WEF: US the best place to be at time of global slowdown, wealth fund managers say.

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25 firms interested in Kuwait mobile stake

Local and foreign companies register to take part in public auction.

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Plans for Kuwait's third telco move forward

KIA presents outline for setting up new operator to cabinet, telco's IPO to launch in December.

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Kuwaiti MPs demand CBK, KIA probe

Central Bank of Kuwait and Kuwait Investment Authority officials accused of making illegal personal profits.

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READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  3. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »

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